Base Pay. a. In order to equalize the cost to the Company and earnings of the employee, it is necessary to apply a factor of .9756 to the Standard Hourly Wage Rate for each job class and to develop an Adjusted Hourly Wage Rate for each job class. b. Overtime worked as part of the regular 12-Hour Shift Schedule will be paid at the Adjusted Hourly Wage Rate and referred to as Regularly Scheduled Overtime (RSOT).
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement (LSB Industries Inc), Collective Bargaining Agreement (LSB Industries Inc)